Employees to buy the Chronicle

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Drawing by Anna P. Baker

Drawing by Anna P. Baker

copyright the Chronicle September 17, 2014

Eleven long-time employees of the Chronicle have agreed in principle to buy the weekly newspaper from its founding publishers, Chris and Ellen Braithwaite.

 

While some details remain to be worked out, the basic elements of the deal have been agreed to, and the purchase should be complete by early 2015.

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Louis Garneau celebrates new U.S. headquarters

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Governor Peter Shumlin helps Louis Garneau cut a ribbon to symbolize the opening of his company’s new Derby facility.  Flanking the pair, from left to right, are Paul Garneau, Mr. Garneau’s father; Josée Ferland, company vice-president; Jeanine Garneau, Mr. Garneau’s mother; Megan Sullivan of Congressman Peter Welch’s office; Monique Arsenault, Mr. Garneau’s wife; William Garneau; and Victoria Garneau.  Edouard Garneau, Mr. Garneau’s other son, is not visible in the photograph.  Photo by Joseph Gresser

Governor Peter Shumlin helps Louis Garneau cut a ribbon to symbolize the opening of his company’s new Derby facility. Flanking the pair, from left to right, are Paul Garneau, Mr. Garneau’s father; Josée Ferland, company vice-president; Jeanine Garneau, Mr. Garneau’s mother; Megan Sullivan of Congressman Peter Welch’s office; Monique Arsenault, Mr. Garneau’s wife; William Garneau; and Victoria Garneau. Edouard Garneau, Mr. Garneau’s other son, is not visible in the photograph. Photo by Joseph Gresser

copyright the Chronicle August 20, 2014

by Joseph Gresser

DERBY — A champagne toast celebrated the opening of the brand new U.S. headquarters of a family business that started in a Quebec garage 30 years ago. Louis Garneau, the founder of the company that bears his name, raised a glass along with Governor Peter Shumlin, state senators Bobby Starr and John Rodgers, local officials, and a host of other guests Thursday morning, August 14.

The toast followed the ceremonial ribbon cutting that inaugurated the 60,000-square-foot building.

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Entrepreneurs pitch ideas in a Lowell barn

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Trish Sears is reflected in a mirror as entrepreneur Justin Larose presents his pitch.  Photos by Bethany M. Dunbar

Trish Sears is reflected in a mirror as entrepreneur Justin Larose presents his pitch. Photos by Bethany M. Dunbar

copyright the Chronicle August 13, 2014

by Bethany M. Dunbar

LOWELL — What do a doggie treat maker, someone who wants to make an alcoholic tea, and an online marketing consultant have in common? They were all gathered in a barn in Lowell last week to make business pitches to a group of people who have the wisdom and financial resources to help them make their small businesses grow into big ones.

It was the first annual Barn Pitch, held Thursday, August 7.

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Stenger admits investors were informed late

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The Tram Haus Lodge is the first project using EB-5 funds to be completed at Jay Peak.  Some investors in the project are unhappy about changes to the ownership structure made unilaterally by Bill Stenger and Ariel Quiros, the general partners in the project.  Investors were notified of the changes nine months after they were put into effect.  Photo by Joseph Gresser

The Tram Haus Lodge is the first project using EB-5 funds to be completed at Jay Peak. Some investors in the project are unhappy about changes to the ownership structure made unilaterally by Bill Stenger and Ariel Quiros, the general partners in the project. Investors were notified of the changes nine months after they were put into effect. Photo by Joseph Gresser

copyright the Chronicle August 6, 2014 

by Joseph Gresser

JAY — Bill Stenger and Ariel Quiros didn’t live up to state standards when they waited nine months before notifying 35 EB-5 investors they had dissolved the partnership that owned the Tram Haus Lodge at Jay Peak Resort, according to Brent Raymond, director of International Trade and the Vermont EB-5 Regional Center.

Mr. Stenger, co-owner of Jay Peak along with Mr. Quiros, agrees that the notification process was botched.

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Safety and traffic lead AnC Bio Act 250 concerns

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A rendering of what the AnC Bio plant would look like from Lake Memphremagog.

A rendering of what the AnC Bio plant would look like from Lake Memphremagog.

copyright the Chronicle July 23, 2014

by Joseph Gresser

NEWPORT — The AnC Bio facility started down the road to Act 250 approval Monday with a site visit from members of the District #7 Environmental Commission and an initial hearing.

Despite wide interest in the project and questions from neighbors of the biotech facility slated to be built at the site of the old Bogner plant, few Newport residents attended the hearing. Nor were there any representatives of state agencies present, aside from those working for the environmental commission.

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Walmart hearings: Residents worried about increased traffic

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walmart giselle web

Giselle Seymour, who spent almost a decade gathering signatures to encourage Walmart to come to Derby, celebrates with developer Jeff Davis at Tuesday night’s Act 250 hearing. Photo by Joseph Gresser

copyright the Chronicle June 18, 2014

by Joseph Gresser

DERBY — As determined by the ballot and by anecdotal evidence, a large percentage of Derby residents favor the new Walmart Super Center slated for construction on Route 5.  But that doesn’t mean some don’t have serious reservations about the project.

Those reservations, particularly ones concerning how the 160,000-square-foot store will affect traffic and the economy of the town were well aired in a pair of hearings held at the Derby Municipal Building Monday and Tuesday.

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Minimum wage hike will have ripple effect

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min wage webcopyright the Chronicle June 11, 2014

by Joseph Gresser

Local employers say a rise in pay for those at the bottom of the ladder is sure to increase salaries for those on the higher rungs.

That will be good news for many workers, they say, but could come at the cost of increased prices for goods and services.

Vermont’s minimum wage will rise on New Year’s Day 2015 and on each January 1 until 2018. The Vermont Legislature voted to increase it from the present level of $8.73 an hour to $10.50 in four annual jumps.

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Hair salons are bright spot in local business

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Marie Turmel Kroeger sits inside her new 300-square foot salon.  Visible in the mirror is a portrait of women’s rights activist Ayaan Hirsi Ali, painted by Ms. Kroeger.  Photo by Natalie Hormilla

Marie Turmel Kroeger sits inside her new 300-square foot salon. Visible in the mirror is a portrait of women’s rights activist Ayaan Hirsi Ali, painted by Ms. Kroeger. Photo by Natalie Hormilla

copyright the Chronicle April 30, 2014 

by Natalie Hormilla

Marie Turmel Kroeger opened a hair salon in a refurbished milk house in Craftsbury last month with confidence and enthusiasm.

“It’s called faith in oneself,” she said, just a couple of weeks into officially opening The Milk House Hair Studio on King Farm Road.

Ms. Kroeger’s business offers a range of services, including hair cutting, coloring, highlighting, and styling, and other treatments like relaxed permanent waves and facial waxing. She also does makeup for, and consults on, events like weddings or professional makeovers.

Everything happens in a 300-square-foot space, restored and relocated from across the street by her husband, Ben. The space is decorated with artwork mostly painted by Ms. Kroeger herself.

“It’s really, really quaint, and very personalized,” she said.

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Vermont sugarmakers turn to birch syrup

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Darrell Bussino (left) and Bucky Shelton have started a new kind of sugaring venture.  They’re making birch syrup, which had a retail price last year of $78 a quart.  Photo by Jeremy Dean

Darrell Bussino (left) and Bucky Shelton have started a new kind of sugaring venture. They’re making birch syrup, which had a retail price last year of $78 a quart. Photo by Jeremy Dean

by Tena Starr

copyright the Chronicle April 30, 2014

GLOVER — A pair of Glover men may have found a new way to get money from trees — birch trees.

Longtime maple sugarmaker Bucky Shelton and a friend, Darrell Bussino, have teamed up and are making birch syrup. Its retail price is around $300 a gallon, and about the only significant source of it in the world, right now, is Alaska, which sells as much as it can make.

“It was an idea conceived by Darrell and I,” Mr. Shelton said on Monday. “He had an asset in some white birch, and I’d had this in the back of my mind.”

His daughter lives in Alaska, so he was aware of the birch syrup industry there, where he recently paid $20 for eight ounces at an Anchorage farmers market.

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In Newport: Merchants get creative to compete with Internet

At All About Home in Derby, Cindy Moylan stocks high-end merchandise and matches online prices.  The strategy brings in business, but leaves her with a limited profit margin and makes it hard to add staff for the store, she said.  Photos by Joseph Gresser

At All About Home in Derby, Cindy Moylan stocks high-end merchandise and matches online prices. The strategy brings in business, but leaves her with a limited profit margin and makes it hard to add staff for the store, she said. Photos by Joseph Gresser

copyright the Chronicle December 4, 2013

by Joseph Gresser

NEWPORT — A random sampling of local merchants suggests they are experimenting with new ways to compete in what has become a global marketplace.
The beginning of the 2013 Christmas shopping season looked pretty good, they said, but they are all looking over their shoulders at their real competition — the Internet.

Like most of the other storeowners, Cindy Moylan of All About Home in Derby, said she faces stiff competition from online retailers such as Amazon.  Her solution is to match their discounted prices on an everyday basis.

“People are conscious about how they spend their money,” she said.

Ms. Moylan said her customers often come into the store looking for the kitchenware and appliances she stocks, and they’re armed with lists of the lowest prices available on the Internet.  Because she bases her prices on the lowest allowed by manufacturers, those informed shoppers know they’ve found a good deal, she said.

Although one might like to think people will be willing to part with a little extra money in order to support a local business, Ms. Moylan said most people just go with the lowest price.

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